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Section 538 Rural Rental Housing Guaranteed Loans (Assistance Listing 10.438)
This program has been designed to increase the supply of affordable multifamily housing in rural areas through partnerships between Rural Development and major lending sources, as well as State and local housing finance agencies and bond insurers.
Loan guarantee (government-backed loan from a lender) Check the official page for current intake dates
- Funder
- Rural Housing Service (listed as Agriculture, Department Of / Rural Housing Service)
Funder profile and all of its programs - Amount
- $400,000,000 estimated total obligations for FY2026 (all awards, per SAM.gov); per-award amounts vary.
- Where
- United States (federal)
- Eligibility
- Open to businesses, self-employed people, nonprofits and state, provincial, local or tribal governments. Federal assistance program (Loan Guarantee); individual funding notices set the dates.
- Sectors
- Housing, Nonprofits and charities, Rural and northern
- Deadline
- Varies: check the official page for current dates
- Source
- SAM.gov Assistance Listings (10.438)
- Last checked
- 2 November 2026
- Funder contacts
- Public organizational contacts on file Unlock full profile / Sign up
This is a loan. It must be repaid.
From official open data: listed in the official SAM.gov Assistance Listings on 2026-11-02. The summary is from the official listing; the eligibility line is our plain-language reading of its eligibility codes. Confirm details on the official page.
Related grant lists
Housing Nonprofits and charities Rural and northern Governments and public bodies Nonprofits and charities Businesses and entrepreneurs United States United States (national) Federal agency
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